The Goodyear Tire & Rubber Company (NASDAQ:GT – Free Report) – Zacks Research cut their Q1 2025 EPS estimates for Goodyear Tire & Rubber in a research report issued on Monday, January 27th. Zacks Research analyst R. Department now anticipates that the company will post earnings of $0.43 per share for the quarter, down from their prior estimate of $0.54. The consensus estimate for Goodyear Tire & Rubber’s current full-year earnings is $1.05 per share. Zacks Research also issued estimates for Goodyear Tire & Rubber’s Q2 2025 earnings at $0.44 EPS, Q4 2025 earnings at $0.27 EPS, Q1 2026 earnings at $0.56 EPS, Q2 2026 earnings at $0.51 EPS and FY2026 earnings at $2.18 EPS.
Goodyear Tire & Rubber (NASDAQ:GT – Get Free Report) last released its quarterly earnings results on Monday, November 4th. The company reported $0.37 earnings per share for the quarter, beating analysts’ consensus estimates of $0.25 by $0.12. The company had revenue of $4.82 billion during the quarter, compared to the consensus estimate of $4.96 billion. Goodyear Tire & Rubber had a negative net margin of 1.56% and a positive return on equity of 6.66%. The firm’s quarterly revenue was down 6.2% on a year-over-year basis. During the same period in the previous year, the business earned $0.36 earnings per share.
Check Out Our Latest Analysis on Goodyear Tire & Rubber
Goodyear Tire & Rubber Price Performance
Shares of NASDAQ:GT opened at $9.13 on Wednesday. Goodyear Tire & Rubber has a one year low of $7.27 and a one year high of $14.71. The company has a market cap of $2.60 billion, a price-to-earnings ratio of -8.78 and a beta of 1.80. The company has a debt-to-equity ratio of 1.51, a current ratio of 1.14 and a quick ratio of 0.65. The firm has a 50 day simple moving average of $9.43 and a 200 day simple moving average of $9.15.
Hedge Funds Weigh In On Goodyear Tire & Rubber
A number of institutional investors have recently bought and sold shares of the stock. Geode Capital Management LLC increased its holdings in Goodyear Tire & Rubber by 1.2% in the 3rd quarter. Geode Capital Management LLC now owns 7,053,829 shares of the company’s stock worth $62,438,000 after buying an additional 86,227 shares in the last quarter. Victory Capital Management Inc. grew its holdings in Goodyear Tire & Rubber by 3,921.7% during the third quarter. Victory Capital Management Inc. now owns 4,751,514 shares of the company’s stock valued at $42,051,000 after purchasing an additional 4,633,368 shares during the period. Segall Bryant & Hamill LLC increased its stake in shares of Goodyear Tire & Rubber by 13.4% in the third quarter. Segall Bryant & Hamill LLC now owns 4,101,832 shares of the company’s stock worth $36,301,000 after purchasing an additional 484,198 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its stake in shares of Goodyear Tire & Rubber by 7.7% in the third quarter. Charles Schwab Investment Management Inc. now owns 3,532,990 shares of the company’s stock worth $31,267,000 after acquiring an additional 252,960 shares during the period. Finally, Millennium Management LLC grew its holdings in Goodyear Tire & Rubber by 30.7% during the 2nd quarter. Millennium Management LLC now owns 2,462,581 shares of the company’s stock valued at $27,950,000 after buying an additional 578,762 shares in the last quarter. 84.19% of the stock is owned by institutional investors.
About Goodyear Tire & Rubber
Goodyear Tire & Rubber Co engages in the development, manufacture, distribution, and sale of tires. It operates through the following geographical segments: Americas, Europe, Middle East, and Africa, and Asia Pacific. The Americas segment is involved in the development, manufacture, distribution, and sale of tires and related products and services in North, Central, and South America.
Featured Articles
- Five stocks we like better than Goodyear Tire & Rubber
- Business Services Stocks Investing
- Survey Reveals: Top 150 Best Coffee Shops for Remote Workers and Business Deals [2025]
- Roth IRA Calculator: Calculate Your Potential Returns
- What Does the Future Hold for Eli Lilly?
- 3 Natural Gas Stocks That Offer Great Dividend Yields
- Oracle Stock Drops Nearly 14% – Is Now the Time to Buy?
Receive News & Ratings for Goodyear Tire & Rubber Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Goodyear Tire & Rubber and related companies with MarketBeat.com's FREE daily email newsletter.